Jackson Barnes, CFA, works for an insurance company providing financial planning services to clients for a fee. Barnes has developed a network of specialists--including accountants, lawyers, and brokers--who contribute their expertise to the financial planning process. Each of the specialists is an independent contractor. Each contractor bills Barnes separately for the work he or she performs, providing a discount based on the number of clients Barnes has referre d. What steps should Barnes take to be consistent with the CFA Institute Standards of Professional Conduct?

A.Inform potential clients about his arrangement with the contractors before they agree to hire him

B.List the consideration he receives from the specialists on monthly client invoices

C.Have his independent contractors approved by the insurance company